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Nattosheru
Jun 30, 2023
The 1-day chart of BBS/USDT. Source: TradingView.The 1-day chart of BBS/USDT. Source: TradingView.

Hello. That's right, Bitcoin, Ethereum, Litecoin, Tron, Bitcoin Cash, all the cryptocurrencies in the market have been all this week, and the previous one, on the rise, and the $BBS token (native cryptocurrency of the BBS Network project) on the other hand, has not risen at all, not at all. As usual, every fortnight I bring an "analysis" of the preferred cryptocurrency of all the members of this community, in addition to predicting what it will surely do in the following days. However, the situation with this coin is just as critical as the activity situation on the platform: in a critical state.

It is probably due to the little activity that has been taking place recently due to the changes that have been taking place on the platform regarding the distribution of rewards. Many investors or those interested in earning $1 withdraw it to their wallets and spend it left when they saw that the impressions now are not worth a quarter of what they were a month ago. Is this good for BBS Network? In part, of course, because this is how you "purge" Spammers, Frauds, and Scammers. But, on the other hand, this fall directly and negatively affects both the image of the project (a subject that I have already discussed in previous posts) and, in this case, the price of the cryptocurrency.

As we can see in the graph at the beginning, the price of the $BBS token is still between $0.012 despite the fact that the cryptocurrency market has risen a lot during the last two weeks. We can say that this is one of the few cryptocurrencies that did not "get carried away" by the Bullish Trend of the market and the HYPE that is dominating right now. We ask again: is this good? Partly yes because those of us who know the project can notice that it is one that does not get carried away by the fucking "Smoke" of wealthy people, but rather its resistance is based more on the utility that it has in its project. But, on the other hand, and for those who don't know the project yet, this can have a negative effect because NO ONE likes to be in a project with a decreasing economy.

Finally, what can we say about the future of the $BBS token? Well, personally, until we attract large and new masses of users interested in sharing interesting and original content on the platform and in joining the different communities that it forms and new more active communities are born, both the activity and the price of the token $BBS will continue to fall in search of new all-time lows.

Currently, the cryptocurrency is between $0.012, the same price it was at last February before it rose 400% and touched $0.056 over the course of two weeks. We can notice the great fall it has had from then on. Now, in the middle of the year 2023 and with the arrival of upcoming updates that will make the platform reach a much larger audience, there is a possibility that the big rise will happen again. Of course, of course, the DEV Team and Project Manager know how to do things right from here on out. We need a huge advertising campaign that will make BBS Network rank among the best crypto projects on the market.

Tell me, do you think the price of the $BBS token will go up or down in the following days? You can leave me your answer in the comments.

All the best.

By: Nattosheru.

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